signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1337 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1194 and 1.1179 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.5625 and 1.5604 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 85.50, the lower border is 85.36. The signal means
The M5 and M15 time frames may have more false entry points.
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